PBOC leaves Loan Prime Rates unchanged in April
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Market reaction to the PBoC interest rate decision
At the time of writing, the AUD/USD is trading 0.25% lower on the day to trade at 0.7151.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Top 5 Market Catalysts That Could Move Stocks and Crypto This Week
Australian Dollar softens to near 0.7000 on hawkish Fed signals, RBA rate decision looms
IAG Raised to Neutral From Underperform by Macquarie >IAG.AU
Riot Platforms repays $200M credit facility, releases collateral

